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Rehabilitation hospital · Pomona, New Jersey · 80 beds · CMS certification number 313030

Bacharach Institute for Rehabilitati

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended March 30, 2023, settled, stamped by CMS September 20, 2023. 28 years on file, every one shown below.

Fiscal 2023 at a glance

Net patient revenue
$2.7M
$2,744,837 · G-3 line 3
Operating expenses
$8.4M
$8,364,045 · G-3 line 4
Result from patient care
−$5.6M
−$5,619,208 · G-3 line 5
Margin on patient care
−204.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue fell from $22.9M in its first year on file (1996) to $2.7M in 2023.
  • Its result from patient care: −$10.5M (2021), −$14.0M (2022), −$5.6M (2023).
  • None of the 5 rehabilitation hospital peers below with a margin on file reports a loss on patient care for fiscal year 2023.

Every statement is drawn from figures on this page; nothing is estimated.

28 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1996
reopened
$22.9M
$23.5M
1997
reopened
$23.8M
$24.4M
1998
reopened
$25.2M
$26.3M
1999
settled
$25.6M
$27.3M
2000
settled
$26.0M
$27.8M
2001
settled
$28.7M
$29.2M
2002
settled
$32.3M
$32.4M
2003
settled
$34.2M
$34.3M
2004
reopened
$35.2M
$36.3M
2005
settled
$33.9M
$36.1M
2006
reopened
$32.8M
$38.3M
2007
settled
$36.9M
$39.5M
2008
settled with audit
$39.4M
$41.3M
2009
settled
$42.1M
$43.1M
2010
settled
$42.2M
$44.9M
2011
settled
$41.8M
$47.1M
2012
settled
$42.4M
$47.6M
2013
settled
$43.5M
$48.8M
2014
settled
$44.7M
$49.2M
2015
settled
$44.5M
$51.0M
2016
settled
$39.7M
$51.4M
2017
settled
$39.9M
$52.2M
2018
settled
$41.0M
$53.0M
2019
settled
$41.4M
$54.8M
2020
settled
$26.8M
$45.6M
2021
settled
$26.9M
$37.4M
2022
settled
$25.8M
$39.8M
2023
settled
$2.7M
$8.4M

Beside its peers

Hospitals of the same type (rehabilitation hospital), nearest in size, from New Jersey first; each on fiscal year 2023.

HospitalBedsNet patient revenueOperating expensesMargin
Bacharach Institute for Rehabilitati80$2,744,837$8,364,045−204.7%
Encompass Health Rehabilitation Hospital of Toms River, Toms River98$57,621,694$46,402,36619.5%
Encompass Health Rehabilitation Hospital of Tinton Falls, A Joint Vent, Tinton Falls60$28,854,213$23,665,22618.0%
Kessler Rehab Center, West Orange336$273,963,375$226,627,61117.3%
Lawrence Rehabilitation Hospital, Lawrenceville60$30,289,174$23,985,54720.8%
Kessler Institute for Rehabilitation, Marlton61$41,124,692$35,557,40113.5%

Patients and payers

Discharges
54
S-3 line 14, col 15
Inpatient days
737
S-3 line 14, col 8
Beds in use, on an average day
8.4
days ÷ days in year
Occupancy
10.3%
days ÷ bed days
Medicare share of days
73.8%
S-3 cols 6 ÷ 8

Who owns it

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2023.ZIP, form CMS-2552-10, filed under CMS certification number 313030. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2023.ZIP, read September 20, 2023.